Just got a notification and followed up with a call regarding etherecash ICO starting 25th october. There website https://www.etherecash.io/ has whitepaper which looks pretty ok. Senior member pls advise if it is worth to invest in token sale?

Financial Solutions startup Etherecash has announced its blockchain-backed financial platform.

Financial services startup Etherecash has proudly announced its Pre-ICO Campaign, which will raise funds to develop its blockchain-backed financial platform. The Ethercash platform aims to revolutionise three core functions of finance to bring greater transparency and security in the way we lend, send and spend. The Etherecash platform will allow its users to leverage their cryptocurrency holdings to acquire fiat currency loans without the need for credit history, through the application of lawyer-backed smart contracts. The Etherecash Pre-ICO campaign will run from October 25th, 2017 until November 7th, 2017 and ICO campaign will begin November 15th, 2017 and finish on December 19th, 2017.

In the modern world there are over 2.5 billion unbanked people, with no access to basic financial services resulting in exclusion. In addition, current financial systems tend to be rigid with complex lengthy systems and often unfair criteria that prevent us from getting a loan. Etherecash’s mission is to solve this problem by offering these individuals the chance to acquire fiat currency loans, based on the strength of their cryptocurrency portfolio. Etherecash aims to totally disrupt the financial services industry by introducing its decentralized, transparent lending platform, which is driven by safe, lawyer-backer smart contracts.

Financial innovator Etherecash is poised to make moves on the banking and finance industry with the launch of its public ICO, following the successful completion of its presale earlier in November. The crowdsale event aims to raise funding to develop its new service based on blockchain technology and secure by smart contracts on the Ethereum protocol.

Etherecash was introduced at last month’s World Blockchain Summit in Dubai, where organizers advocated for a serious push in developing blockchain technology as part of the Dubai Future Foundation project. Etherecash’s breakthrough idea of offering loans to users backed by cryptocurrency, while simplifying sending and paying money, received significant attention, leading to the success of its pre-ICO and high anticipation for its ongoing ICO.

Just got a notification and followed up with a call regarding etherecash ICO starting 25th october. There website https://www.etherecash.io/ has whitepaper which looks pretty ok. Senior member pls advise if it is worth to invest in token sale?

Aren't you wondering if the coin will scam you after you get the answer?Nobody knows if a coin is legit, it's better to just go with the amount of reputation that it has instead of relying on a single answer.

You should do your own research and decide if what you find is good enough for you to invest in.Without looking and just going off the name alone and the fact it's probably "just" another token I'd say no.

QUOINE is a global fintech group that provides trading, exchange and other services to its clients. The company was one of the very first financial companies to adopt blockchain and they did it legally. Its cryptocurrency exchange QRYPTOS remains the only exchange in the world that is licensed by the Japan Financial Services Agency, which is the equivalent of the Securities and Exchange Commission (SEC) in USA. The company has offices in Japan, Singapore and Vietnam with considerable sway in the Far East markets. It has recently announced that its partner Etherecash, an up-and-coming P2P cryptocurrency and lending platform is now successfully listed on its QRYPTOS digital exchange following a successful crowdfunding campaign.